Multi -Tenant Industrial Investment

3460 Jet Drive, Rapid City, SD 57703

Property Information

  • For Sale $2,900,000
  • Property Type Industrial
  • Lot Size 2.93 Acre
  • # of Floors 1
  • Property Tenancy Multi-Tenant
  • Year Built 2025
  • Date Updated May 18, 2026
  • Dock High Doors 4
  • HVAC None

Description

This newly constructed 24,000 SF light industrial development is currently in active lease-up with strong tenant demand and projected gross potential rent of $282,000 at stabilization. The property consists of four 6,000 SF warehouse buildings designed for multi-tenant use and demisable into 2,000 SF units. Each unit includes 16’ sidewalls, a 14’ x 14’ overhead door, heated interior space, and a private restroom. The site supports semitruck circulation, paved parking, and optional gravel yard areas Located near I-90 Exit 61 (Elk Vale Road / SD-79) within Rapid City’s established Elk Vale industrial corridor, the property provides convenient interstate access for local and regional users. NNN lease structures and remaining lease-up capacity create a clear path to stabilized income with additional upside through future yard or lot utilization. For additional information or to schedule a showing, contact Dan Logan at 605-593-7980.

Contact listing agent for all inquiries. Showings require a minimum 24 hour notice. Information Packet included in associated documents. Interiors will be completed by developer.

Contacts

Dan Logan

KW Commercial | Black Hills

Chris Long

KW Commercial | Black Hills

Location

Contact Multi -Tenant Industrial Investment
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